Wizz Air Holdings Plc (LON:WIZZ) Receives Consensus Rating of “Hold” from Brokerages

Wizz Air Holdings Plc (LON:WIZZ) has received an average rating of “Hold” from the six research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 1,114.

Several brokerages have recently commented on WIZZ. UBS Group reaffirmed a “buy” rating on shares of Wizz Air in a report on Friday, November 7th. JPMorgan Chase & Co. upped their price objective on shares of Wizz Air from GBX 1,050 to GBX 1,200 and gave the company a “neutral” rating in a research note on Monday, December 1st. Peel Hunt reiterated a “hold” rating and issued a GBX 1,150 target price on shares of Wizz Air in a report on Tuesday, December 2nd. Citigroup dropped their target price on shares of Wizz Air from GBX 1,220 to GBX 770 and set a “sell” rating on the stock in a research report on Thursday, October 23rd. Finally, Royal Bank Of Canada cut their price target on shares of Wizz Air from GBX 1,250 to GBX 1,200 and set a “sector perform” rating on the stock in a report on Monday, November 17th.

Wizz Air Price Performance

Shares of LON:WIZZ opened at GBX 1,281 on Friday. The company has a market capitalization of £1.32 billion, a PE ratio of 7.08, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The company has a debt-to-equity ratio of 1,582.50, a quick ratio of 0.82 and a current ratio of 0.98. The stock has a fifty day moving average of GBX 1,125.49 and a 200-day moving average of GBX 1,176.81. Wizz Air has a one year low of GBX 968.50 and a one year high of GBX 1,818.

About Wizz Air

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 220 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was recently named the World’s Top 5 Safest Low-Cost Airlines 2024 by airlineratings.com, the world’s only safety and product rating agency, and named Airline of the Year by Air Transport Awards in 2019 and in 2023.